From what 0 stock analysts predict, the share price for Calamos Global Total Return Fund (CGO) might decrease by 100% in the next year. This is based on a 12-month average estimation for CGO. Price targets go from $ to $. The majority of stock analysts believe CGO is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
CGO is a stock in Finance which has been forecasted to be worth $ as an average. On the higher end, the forecast price is $ USD by from and on the lower end CGO is forecasted to be $ by from .
These are the latest 20 analyst ratings of CGO.
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When did it IPO
2005
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Asset Management
CEO
Market Cap
$113.9M
In 2023, CGO generated $5.3M in revenue, which was a increase of 111.03% from the previous year. This can be seen as a signal that CGO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - METRO CHICAGO, Ill. , Sept. 3, 2024 /PRNewswire/ -- Calamosย Investmentsยฎ*ย hasย announcedย monthly distributionsย and sources of distributions paid in September 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
Summary - The Calamos Global Total Return Fund offers a high level of income and inflation protection through a diversified portfolio of equities and convertible bonds. The fund's 8.34% yield and potential for share price appreciation make it attractive, despite a lower yield compared to peers. The fund appears to have been able to take advantage of recent strength in TSM, which it would not have been able to do without the foreign exposure.
Summary - The Calamos Global Total Return CEF has rallied +33% since our 'Buy' rating, driven by a risk-on environment and lower yield curve. The fund's discount to NAV has narrowed significantly, now trading at fair value, making it less attractive for new entries. High allocations to semiconductor equities, which have seen stellar performance, now face stretched valuations, increasing risk for new investors.
Summary - This is a market in which the winners not only keep winning, but they continue to lap the broader market over and over again. And though everyone has been calling for a broadening out of stocks, that's not happening. So until the narrative changes, stick with what's working. And in CEFs, what's working are the Calamos leveraged equity and fixed-income funds. And none have been better than the Calamos Global Total Return Fund.
Summary - Calamos Global Total Return Fund offers a high yield of 8.98%, comparable to other high-yielding equity funds in the market. The CGO closed-end fund invests primarily in equities as opposed to fixed-income, which should allow it to provide a bit of inflation protection. The fund has outperformed the S&P 500 Index and the MSCI World Index over the past two months, which might be partly due to the high level of leverage employed.
Summary - METRO CHICAGO, Ill. , June 4, 2024 /PRNewswire/ --ย Calamos Investmentsยฎ* has announced corrections to monthly distributions and sources of distributions paid in June 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.